Zacks Research Has Positive Forecast for Newmont Q3 Earnings

Newmont Co. (TSE:NGT) – Equities researchers at Zacks Research lifted their Q3 2025 EPS estimates for Newmont in a research report issued on Wednesday, August 6th. Zacks Research analyst A. Barman now forecasts that the company will post earnings of $1.56 per share for the quarter, up from their prior forecast of $1.00. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Zacks Research also issued estimates for Newmont’s Q4 2025 earnings at $1.43 EPS, FY2025 earnings at $6.70 EPS, Q1 2026 earnings at $1.39 EPS, Q2 2026 earnings at $1.35 EPS, Q3 2026 earnings at $1.76 EPS, Q4 2026 earnings at $1.72 EPS, FY2026 earnings at $6.22 EPS, Q2 2027 earnings at $1.58 EPS and FY2027 earnings at $6.50 EPS.

NGT has been the topic of a number of other reports. National Bank Financial upgraded shares of Newmont from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 25th. Cfra Research upgraded shares of Newmont to a “strong-buy” rating in a research note on Friday, April 25th. The Goldman Sachs Group lowered shares of Newmont from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 8th. BMO Capital Markets upgraded shares of Newmont to a “strong-buy” rating in a research note on Tuesday, April 15th. Finally, Stifel Canada upgraded shares of Newmont to a “strong-buy” rating in a research note on Tuesday, July 8th. Five analysts have rated the stock with a hold rating, one has given a buy rating and six have given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$62.50.

Newmont Price Performance

Shares of NGT opened at C$94.90 on Monday. Newmont has a 1-year low of C$53.03 and a 1-year high of C$96.62. The stock has a market cap of C$75.49 billion, a PE ratio of -62.70, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51. The company has a debt-to-equity ratio of 30.62, a current ratio of 1.96 and a quick ratio of 1.77. The firm has a fifty day moving average price of C$81.47 and a 200 day moving average price of C$72.92.

Newmont Company Profile

Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company’s operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.